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NEED AN ANSWER ASAP!! Any answer thats put to just earn pts will be reported and the pts will be removed! Jasmin purchased a bond priced at 1000.00 issued by Valley’s Trucking whose market value is 600,
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34 votes
NEED AN ANSWER ASAP!!

Any answer thats put to just earn pts will be reported and the pts will be removed!

Jasmin purchased a bond priced at 1000.00 issued by Valley’s Trucking whose market value is 600,000. The annual coupon rate is 5%

Given the above information, what is the current yield?

User Kjakeb
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1 Answer

22 votes
22 votes

Answer:

3000%

Step-by-step explanation:

User Jenniffer
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